Future Value Homework help
The future value (FV) is the worth of a present asset at a particular time in the future based on an implicit rate of expansion over time. If, based on an assured growth rate, a $10,000 investment created today will be value $100,000 in the twenty years, and then the future value of the $10,000 investment is $100,000. The future value equation assumes a steady rate of development and a single straight payment left unhurt for the period of the investment.
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